We are pleased to announce that our own Chris Wheaton is featured in a new national advertising campaign from Schwab Advisor Services. This advocacy campaign seeks to educate investors on the benefits of working with an independent advisory firm. These benefits include a focus on service not sales and providing high-caliber financial advice that is conflict-free and customized to clients’ unique needs.
At Litman Gregory, we believe our commitment to putting clients first is the reason we’ve earned and retained our clients’ trust for over 30 years.
Why Is the Market Still Going Up When COVID-19 Risks Remain?
Even as the rate of unemployment remains high, COVID-19 continues to spread in the U.S., and economists forecast a huge drop in economic activity, the stock market continues to rally. We remind our clients that market prices reflect a consensus view about the future and that maintaining a disciplined investment approach is the best way forward.
Why is the Market Going Up When Economic News Looks Grim?
Our clients, and investors broadly, have been asking this important question: How do we reconcile the recent stock market gains, particularly in the United States, with the poor state of the current economy and the weak outlook? In this post, we explain the variables that impact investor behavior and respond to why financial markets can rally in the face of negative news.